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Debt collectors work with universities, colleges and private lenders to collect student loans. For education loans backed by the federal government, the U.S. Department of Education has a clearly-defined collection program that uses private collection agencies. Recent changes in federal law will shift all previously federally backed loans to direct loans from the federal government, cutting private lenders out of the equation.

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Pioneer Credit Regains Top Spot on ED Collection Contract to Start Q2

2 June 2009

Debt Collector ConServe to Add 150 Jobs on Department of Education Contract Win

11 May 2009

NCO Edges Out Allied Interstate for Top Spot on ED Collection Contract for Q1

4 May 2009

Sallie Mae ARM Unit Posts Loss in Q1 on Impairments

23 April 2009

People Capital Launches Enhanced Credit Scoring Tool for Students and Student Loans

8 April 2009

NCO and ConServe Leading ED Collection Contract So Far in First Quarter

27 March 2009

Executive Change: Tim Moore to The CBE Group as VP of Sales - Student Loan Division

16 March 2009

Department of Education Names Small Business Collection Contractors

11 March 2009

NCO Group Takes Top Spot on ED Contract in January

23 February 2009

Department of Education Declares ConServe #1 on Small Business Collection Contract

17 February 2009

Maximum Recovery Changes Name to Persolvo Data Systems

2 February 2009

Van Ru Top Collector on ED Contract for Q4; Total Contract Collections Near $5B

26 January 2009

National Lending Associates Launches VisionSource Solutions

13 January 2009

ED Announces Debt Collection Contract Winners in Unrestricted Category

9 January 2009

Conserve?s Charity of the Month Program Raises Dollars to Support Those in Need

6 January 2009

Allied Interstate and ConServe Top Student Loan Collection Contract in November

19 December 2008

Consumer Credit Drops $3.5 billion in October

8 December 2008

Government to Spend $200 billion to Unclog Consumer Lending Market

26 November 2008

Shakeup at Top of ED Debt Collection Competition in October

25 November 2008

Sallie Mae to Hire 1,100 at New Credit Operations Center in Delaware

21 November 2008

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